REGISTERED NUMBER: 08936230 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KYRO (SUSSEX) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J Blenkarn

REGISTERED OFFICE:

C/O Galloways Accounting

The Mill Building

31-35 Chatsworth Road

Worthing

West Sussex

BN11 1LY

REGISTERED NUMBER:

08936230 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Intangible assets

4

29,655

10,000

Tangible assets

5

33,602

38,473

63,257

48,473

CURRENT ASSETS

Debtors

6

25,161

3,405

Cash at bank

34,404

121,603

59,565

125,008

CREDITORS

Amounts falling due within one year

7

10,982

54,685

NET CURRENT ASSETS

48,583

70,323

TOTAL ASSETS LESS CURRENT LIABILITIES

111,840

118,796

PROVISIONS FOR LIABILITIES

5,521

6,328

NET ASSETS

106,319

112,468

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

106,218

112,367

106,319

112,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 December 2025 and were signed by:

P J Blenkarn - Director

1.	STATUTORY INFORMATION

Kyro (Sussex) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents fees receivable from the provision of chiropractic services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2023,2024 and 2025.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

10,000

Additions

19,655

At 31 March 2025

29,655

NET BOOK VALUE

At 31 March 2025

29,655

At 31 March 2024

10,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

16,448

24,614

26,977

3,496

71,535

Additions

-

-

-

864

864

At 31 March 2025

16,448

24,614

26,977

4,360

72,399

DEPRECIATION

At 1 April 2024

3,288

11,644

15,119

3,011

33,062

Charge for year

1,644

1,944

1,782

365

5,735

At 31 March 2025

4,932

13,588

16,901

3,376

38,797

NET BOOK VALUE

At 31 March 2025

11,516

11,026

10,076

984

33,602

At 31 March 2024

13,160

12,970

11,858

485

38,473

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' loan accounts

20,225

-

Prepayments

4,936

3,405

25,161

3,405

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

804

Trade creditors

8,224

8,554

Tax

616

-

Social security and other taxes

(77

)

(7

)

Other creditors

-

5,650

Net wages due

(20

)

-

Pensions due

197

127

Directors' loan accounts

-

37,576

Accrued expenses

2,042

1,981

10,982

54,685

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

P J Blenkarn

Balance outstanding at start of year

(37,576

)

(50,952

)

Amounts advanced

112,132

17,987

Amounts repaid

(54,331

)

(4,611

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,225

(37,576

)

This balance represented the maximum amount outstanding during the year. The loan is repayable on demand. Interest has been charged at the beneficial loan interest rate.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P J Blenkarn.

This was by virtue of his 99% holding of the issued share capital.